Iqe Share Discussion Threads

[loytyb] 09/8/2018 08:35

Creep and go for me. Regret not buying back in at around 100p but all this shorting making me spin.

[belt n braces] 09/8/2018 07:36

I'm looking forward to today.

[richardc77] 09/8/2018 07:13

I’m even more looking forward to 2019, today is of little interest to me, which way will it go then? I think I know ⬆️8512;😉

[adejuk] 09/8/2018 07:10

i'm looking forward to today. which way will it go?

[rivaldo] 08/8/2018 22:46

I note that as well as Lumentum, another optical networking supplier - Applied Optoelectronics - also beat forecasts for Q2'18.

Meanwhile, more on increased 3D sensing from Apple:



"Apple Supplier Hints At Greater 3D-Sensing iPhone Production

Apple's (AAPL) key supplier of augmented-reality vision components for the iPhone X on Wednesday reported better-than-expected June-quarter results, which implied a quicker ramp up of next-generation iPhones.

Lumentum Holdings (LITE) said a sooner-than-anticipated acceleration in its AR/3D-sensing business drove upside in its fiscal fourth-quarter results.

Lumentum is Apple's primary supplier of vertical-cavity surface-emitting laser (VCSEL) components for the iPhone X with about a 75% market share. The sensor works in the front-facing camera of the iPhone X. It provides 3D sensing and enables facial recognition and the Animoji app.

Milpitas, Calif.-based Lumentum last quarter began shipping higher volumes of the smartphone component to key customers, including Apple. Shipments exceeded expectations, management said.

More importantly, the company continues to anticipate order volume to significantly accelerate in the September and December quarters," Gene Munster, Loup Ventures managing partner, said in a report. "While the company announced new 3D sensing wins with Android manufacturers, we believe a high percentage of these orders were secured by Apple."

3D Sensing In iPhone

Given the increase in VCSEL shipments, Munster expects Apple to offer three new iPhone models. He says they'll feature 3D sensing for augmented reality, up from just one today.

That should provide a boost to the iPhone's average selling prices, Munster says. There will be a higher bill of materials from the component, he added.

"Lumentum results and guidance are evidence that Apple continues to be committed to augmented reality," Munster said. "We anticipate 3D sensing will only be front-facing on the new iPhones and believe Apple will be incorporating this technology in new product categories such as the iPad."

etc"

[simon_j_investor] 08/8/2018 21:25

James, re VW shorts I do remember this well. Shorters were stitched up by German government because of a complete lack of transparency in that market. There was a good article on this in the Telegraph at the time and helps to explain why London, (and Edinburgh and UK generally) are major financial centres & Germany does not have one. There is great transparency here, hence you can see who has major holdings in IQE and who has major shorts. What's not to like? You can make investment decisions with better knowledge.

PS, I am a refugee from III after 18 years or so there, can't really cope with the changes made.

Simon

[solderflux] 08/8/2018 18:33

Vroom... Vroom. Shorters tried very hard to contain it but it kept slipping from their hands😀

[dr_smith] 08/8/2018 17:39

AI:
After the notch up today, there may be a few profit takers to take it down a tad before its (hopefully) continuing rise, so chance to change your mind - especially as there is no stamp duty to cost in. :-)

[sailastra] 08/8/2018 16:33

Well we broke up through the 50 DMA today as well as the falling trend line from the high of last year, that is quite positive.

[picobird] 08/8/2018 16:14

Wonder if Sumco & suchlike have their spies out & about slicing up the IQE likely figures. To my way of thinking this month will be the likeliest for any move like that.
Nearly completed my stint here & enjoying the tropical thunderstorms this evening lighting up the ocean. Will be back here soon enough though....who wouldn’t:)

[dr_smith] 08/8/2018 15:55

AI:
Good spot on over the pond timing.

[american idiot] 08/8/2018 15:40

DR_Smith,

I'm never upset when a share price continues to rise after I sell. I'm always thankful for any profit I make :-)

Notice that after the Lumentum initial spike to 112p area there has been nothing but selling since. Crystal ball time to 'guess' where the share price is heading for the rest of the week.

Best of trading / investing to all.

[richardc77] 08/8/2018 15:10

Pico, this bodes well for IQE who like to be conservative with their estimates, I suspect 2019 will be a splendid yr for IQE

[picobird] 08/8/2018 14:44

Managed to catch the Lumentum conference call. The analysts are still maintaining a focus on 3D sensing despite the product mix of Lumentum. They are very happy with their supply chain ( big pat on the back for IQE all round, no names mentioned though ) & also no bottlenecks this year in the vcsel supply chain.
Looking through the magnifying glass for IQE there are going to be some mega figures in demand for their projections :), revisions that is.

[mhassanriaz] 08/8/2018 14:20

Samsung is investing 25 trillion won ($22bn) in artificial intelligence, 5G mobile technology, electronic components for cars, and the biopharmaceutical business in pursuit of new growth areas.

The South Korean electronics giant says it wants to seek out new areas for growth, a move that comes amid signs of weakness in its core semiconductor and smartphone businesses.

[jamesrowe] 08/8/2018 14:18

Hmmm.... The Lumentum report says: "Record revenues in TrueFlex® ROADMs, commercial lasers, and industrial pump lasers drove strong fourth quarter results". I agree with comments about "addressing multiple growing end-markets critically dependent on photonics" as this presumably includes consumer applicationsa but I am not sure how relevant industrial "pump lasers" are to IQE??

[mhassanriaz] 08/8/2018 13:59

Lumentum achieved record Net revenue of $1.25 billion, up 25% relative to the prior year, and record profitability for fiscal year 2018. I dont know what else investors were looking.

[rivaldo] 08/8/2018 13:58

Great news from Lumentum, (1) beating estimates by a "wide margin", (2) showing a terrific forward outlook, and (3) being a company "addressing multiple growing end-markets critically dependent on photonics".

Investors shouldn't need many more clues than these.

[richardc77] 08/8/2018 13:47

What Lumentum tells us is the qtr just gone was as expected a lull, 2019 and beyond is where it’s at (as we expected) 13-20% not too shabby for Qtr1 and highlights why IQE is unlikely from here to dip below £1.

Shorts may well have missed their boat if they don’t close now, could suffer some pain.

[american idiot] 08/8/2018 13:40

RE : Lumentum,

Net revenue for the fiscal fourth quarter 2018 was $301.1 million, with GAAP net income attributable to common stockholders of $25.7 million, or $0.40 per diluted share. Net revenue for fiscal third quarter 2018 was $298.8 million

Hardly any growth between Q3 and Q4.

However, The Company expects the following for the fiscal first quarter 2019:

Net Revenue to be in the range of $340 million to $360 million

So, thats 13%-20% growth in Q1 19.

.....

Think I will sit and watch for a bit.

[knackers] 08/8/2018 13:39

With ease....just looking at trades, I can see what looks like some rather panicked buying off the bid!
Oh well...never mind

[inv] 08/8/2018 13:36

moving up as expected. Should go above 120p by the end of this week